For Sale
$1,200,000

2020 Bridge StBrighton, CO 80601

Net-leased QSR with strong returns.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fee-simple, single-tenant Taco Palace in Brighton, Colorado. The 2,360-square-foot building, constructed in 1977, features a convenient drive-thru and is situated on a 0.37-acre lot at 2020 E Bridge St, 80601. Currently operating under a triple-net (NNN) lease with a remaining term of 4.4 years (expiring March 31, 2029), this property boasts a 6.85% cap rate and a strong NOI of $82,186. The lease includes annual rent bumps and a single 3-year renewal option at fair market value with 3% annual increases. The property benefits from high visibility on East Bridge Street, a major thoroughfare with over 21,856 vehicles passing daily. The location is in a densely populated area (44,564 within a 3-mile radius), offering high barriers to entry for competitors. The property is offered free and clear of existing debt on an "as-is/where-is" basis. This is a rare chance to acquire a well-performing, net-leased QSR investment in a prime location. The asking price is $1,200,000. The Adams County property (APN: 1569-08-1-20-001) is 100% occupied.

Property Details for 2020 Bridge St

Property type
Retail properties
Square Feet
2,360 SF
Year Built
1977
Buildings
1
Stories
1
Lot Size (sq. ft)
16,117 SF
Units
1

Location Insight

City
Brighton
County
Adams
State
Colorado
Latitude
39.9864879
Longitude
-104.7974292
2020 Bridge St, Brighton, Colorado

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2020 Bridge St
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